F45 Training Secures New Financing, Revises Board Structure
F45 Training Holdings, Inc. reported closing a new $90 million subordinated debt facility provided by a consortium of existing investors led by affiliates of Kennedy Lewis Management LP to improve the company’s balance sheet and liquidity.
Famous Footwear Parent Sees Fiscal 2022 Sales Up 7 Percent
Caleres reported that after a stronger-than-expected holiday performance and continued demand for its brands, the company provided preliminary, unaudited fiscal 2022 consolidated sales and earnings per share range that exceeded its expectations.
Topgolf Breaks Ground On New Venue In Lafayette
Topgolf broke ground on a two-story venue in the Acadiana region of Southern Louisiana with a planned opening in late 2023.
Bass Pro Ramps Up Expansion With Plans For Three Openings
Bass Pro Shops reported plans to open three stores in Spring, TX; Niles, OH; and Clifton Park, NY.
Alo Yoga To Open First Store In Philadelphia
Alo Yoga, the Los Angeles-based athleisure brand, is opening a store at 1608 Walnut Street in Philadelphia.
Ammo, Inc.’s Fiscal Q3 Revenues Plummet 40 Percent
Ammo, Inc., the owner of GunBroker.com and maker of ammunition and components, reported a loss in the fiscal third quarter ended December 31 as sales plummeted 40 percent.
Snipes And DJ Khaled Partner On New Concept Store
Snipes has partnered with rapper DJ Khaled on a new concept store—We The Best Snipes—located on Collins Avenue in Miami, FL
Decked Hires Mountain Sports Manager
Decked hired Scott Hibbert as director of community marketing and mountain sports manager. Hibbert brings 15 years of marketing experience to support the brand’s growth.
Onelife Fitness Expands In Virginia
US Fitness Holdings, LLC is expanding its Onelife Fitness brand to Hampton, VA.
Oboz, Rip Curl Parent Sees Strong Double-Digit Growth In Fiscal H1
KMD Brands Limited, the New Zealand-based parent company to the Kathmandu, Oboz and Rip Curl brands, reported that sales momentum has continued into its fiscal second quarter ended January 31, resulting in “record first-half sales.”
Moultrie Mobile Taps Mystery Ranch Vet As Director Of Marketing
Moultrie Mobile hired Ryan Holm as vice president of marketing with nearly 20 years of experience in the outdoor industry.
Motocaddy Hires President & GM For Americas Region
Motocaddy hired Mark Kuryak as president and general manager in the Americas to drive sales and awareness of the electric golf caddy brand across both continents.
Report: Luggage And Travel Accessories Sales Grew 16 Percent In 2022
As travel resumed in 2022 following the pandemic, the travel accessories market grew in the U.S. by 16 percent, year-over-year, generating $7.6 billion in sales, according to The NPD Group.
Adidas Hires VP Of Basketball Footwear
Adidas hired Nathan VanHook as VP of design for its basketball division.
Strava Seeks New CEO As Horvath Steps Aside Again
Strava is looking for a new CEO after Co-Founder and CEO Michael Horvath called it quits, again. This is the second time for Horvath after walking away as CEO in 2013 for family reasons before returning to lead the company six years later.
